AAR Corp is a global aerospace and defense company that provides a wide range of services and solutions to the aviation industry, including aircraft maintenance, repair, and overhaul (MRO), as well as supply chain management and logistics support
The company specializes in supporting both commercial and government aerospace markets, offering comprehensive solutions that ensure the efficiency and reliability of aircraft operations. Additionally, AAR Corp plays a crucial role in parts distribution and fleet management, helping clients optimize their operations and reduce downtime through innovative and cost-effective services.
Demand is booming for AAR Corp., a leading aviation services provider offering maintenance, repair and overhaul (MRO) services for aftermarket aircraft.
Aviation and defense services provider AAR CORP (NYSEAIR) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 25.8% year on year to $686.1 million. Its non-GAAP profit of $0.90 per share was 6.9% above analysts’ consensus estimates.
AAR has been treading water for the past six months, recording a small return of 1.3% while holding steady at $68.45. The stock also fell short of the S&P 500’s 13.5% gain during that period.
As U.S. markets paused for Thanksgiving, European equities staged a rebound on Thursday, snapping a three-day losing streak. Lower-than-expected consumer inflation data from Germany rekindled optimism for more aggressive rate cuts by the European Central Bank (ECB).
